TEDPIX Gains Ground

EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, closed Monday in positive territory after consecutive losses.

News ID: ۷۵۱۷۴۹

29 December 2020

Investors' interest in the giants of Tehran's bourse pushed up the TEDPIX by 1.3%. The TSE's main gauge gained 18,198.85 points to end trading at 1,437,212.

Taking a reverse course from the TEDPIX, the equal-weighted index lost 0.63% on Monday, indicating increased sale of small caps as investors tended to save previous gains and invest in blue chips.

On Monday, 186 ticker symbols experienced price increase, representing 39% of the total tickers. Trade value in both the TSE and the junior equity market fell 15.5% compared to the session earlier to reach 148.17 trillion rials ($590 million).

TSE Trade

About 8.6 billion shares valued at 112.85 trillion rials ($434.05 m) changed hands at TSE for the day.

Khorasan Steel Company contributed the most to the benchmark's fall, followed by National Investment Company of Iran, Tamin Pharmaceutical Investment Company and Telecommunication Company of Iran.

Persian Gulf Petrochemical Industries Company gave the biggest boost to the benchmark index, followed by Social Security Investment Company, Tamin Petroleum and Petrochemical Investment Company and Golgohar Mining and Industrial Company.

IFX Up 0.41%

Iran Fara Bourse main index, IFX, gained 81.39 points or 0.41% to close Monday trade at 20,084.85. About 2.93 billion securities valued at 55.67 trillion rials ($214.14m) were traded at the junior exchange for the day.

Minoo Industrial Group Company, Day Bank, Arya Sasol Polymer Company and Kowsar Insurance Company had the most negative impact on IFX.

Gohar Zamin Iron Ore Company gave the biggest boost to IFX, followed by Middle East Mines and Mineral Industries Development Holding Company, Hormozgan Steel Company and Shahid Tondgooyan Petrochemical Company.